lower prices depend on gas station stocks

After the price spike that has hit the market in recent weeks, fuel prices are expected to fall in the coming days. From the beginning of the day, information fuses from all sides reporting an imminent decline from today at midnight. Information confirmed by several service station owners who assured us that they had been notified by their companies. According to the same sources, prices should fall by 1.05 to 1.15 dirhams per liter for both diesel and gasoline, according to the companies.

However, we must qualify. The fall in prices is not as imminent as one might think. It should not be applied by all distribution companies simultaneously (from Friday at midnight).

Some companies do not intend to post the new prices until the beginning of next week, explains a source within an oil company, whose prices will not drop until the end of the weekend. “Everyone lowers prices according to the stocks they have”, specifies our interlocutor, adding that Afriquia would be among the first to lower prices.

Currently, the price of diesel is 16.68 dirhams in gas stations, while that of gasoline is 17.61 and can go in some cases to 17.71 dhs.

The decline in prices was expected given the downward trend in oil prices in recent weeks. The price of Brent has fallen below the $100 mark. As the national market is liberalized, fuel prices remain strictly dependent on oil variations on the world market.

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